KeyBanc analyst Eric Heath lowered the firm’s price target on Rubrik (RBRK) to $82 from $87 on lower peer multiples, while keeping an Overweight rating on the shares following a strong Q4 top and bottom-line beat and meaningful FY26 guide above. The firm notes that strong results from Rubrik, Commvault (CVLT), and private vendors support its view that the backup and recovery market is accelerating across several dimensions, and KeyBanc still sees significant runway for growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBRK:
- Rubrik price target raised to $87 from $83 at Piper Sandler
- Rubrik price target raised to $80 from $76 at Wells Fargo
- Rubrik, Inc.: Strong Financial Performance and Promising Outlook Drive Buy Rating
- Rubrik, Inc. Reports Strong Q4 and FY 2025 Growth
- Closing Bell Movers: DocuSign up 9% on better than expected Q4 results